100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
WPC 480 Final PASSED Actual Exam Questions and CORRECT Answers $9.49   Add to cart

Exam (elaborations)

WPC 480 Final PASSED Actual Exam Questions and CORRECT Answers

 5 views  0 purchase
  • Course
  • WPC 480
  • Institution
  • WPC 480

WPC 480 Final PASSED Actual Exam Questions and CORRECT Answers Ackbar, Inc. has had high growth in profits for several years, and each year it has had the highest profits ever. What can you assess about Ackbar's strategic competitive advantage? - CORRECT ANSWER- Can assess nothing about compe...

[Show more]

Preview 2 out of 15  pages

  • September 24, 2024
  • 15
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • WPC 480
  • WPC 480
avatar-seller
MGRADES
WPC 480 Final PASSED Actual Exam
Questions and CORRECT Answers
Ackbar, Inc. has had high growth in profits for several years, and each year it has had the
highest profits ever. What can you assess about Ackbar's strategic competitive advantage? -
CORRECT ANSWER✔✔- Can assess nothing about competitive advantage.


Firms that outperform all their competitors must have a high quality strategy. - CORRECT
ANSWER✔✔- False


It is not rare that a CEO of a large, public organizations will be given a raise and/or bonus
even though the profitability of the firm has been negative for several years. What is the best
explanation for this? - CORRECT ANSWER✔✔- The firm has been growing rapidly in
number of locations and factories.


Why are theories of how to achieve a competitive advantage not about sufficient causes, but
only necessary causes? - CORRECT ANSWER✔✔- The causes of firm performance are not
generalizable to all contexts.


Firms are made more capable of achieving a competitive advantage by having strong
competitors so they must adapt and become stronger in the market. - CORRECT
ANSWER✔✔- False



Accounting Value - CORRECT ANSWER✔✔- Based on historical data



Shareholder Value - CORRECT ANSWER✔✔- Based on predictions on the future



Economic Value - CORRECT ANSWER✔✔- Based on predictions of the future



Balanced Scorecard - CORRECT ANSWER✔✔- Based mostly on perceptions that can
change quickly


Research into the causes of high performance in firms ought to include studying firms that
have very low performance. - CORRECT ANSWER✔✔- True

, It is difficult to learn much about how to succeed at strategy when asking people to explain
their successes after they have become successful. - CORRECT ANSWER✔✔- True


In the long run,the major ways of evaluating firm performance will tend to be correlated with
each other. So this suggests that for a strategic analyst, it doesn't matter much what data on
firm performance is chosen. - CORRECT ANSWER✔✔- False


The higher proportion of assets that are tangible, the more useful accounting profit is as a
measure of firm performance for a strategic analyst. - CORRECT ANSWER✔✔- True



PESTEL - CORRECT ANSWER✔✔- Political
Economic
Sociocultural
Technological
Ecological
Legal


Political - CORRECT ANSWER✔✔- Non-market strategies



Economic - CORRECT ANSWER✔✔- Macro-economic conditions of a country or region



Sociocultural - CORRECT ANSWER✔✔- Cultures, norms, and value



Technological - CORRECT ANSWER✔✔- Application of new knowledge



Ecological - CORRECT ANSWER✔✔- Natural environment



Legal - CORRECT ANSWER✔✔- Governing laws, mandates, regulations

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller MGRADES. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79223 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$9.49
  • (0)
  Add to cart